Intrinsic Value Partners 13F annual report
Intrinsic Value Partners is an investment fund managing more than $95.9 billion ran by Daniel Flack. There are currently 59 companies in Mr. Flack’s portfolio. The largest investments include Berkshire Hathaway and Alphabet Inc, together worth $24.6 billion.
$95.9 billion Assets Under Management (AUM)
As of 18th July 2024, Intrinsic Value Partners’s top holding is 35,442 shares of Berkshire Hathaway currently worth over $14.4 billion and making up 15.0% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Intrinsic Value Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 55,633 shares of Alphabet Inc worth $10.2 billion, whose value grew 19.6% in the past six months.
The third-largest holding is St. Joe Co worth $6.82 billion and the next is Alphabet Inc worth $5.1 billion, with 27,995 shares owned.
Currently, Intrinsic Value Partners's portfolio is worth at least $95.9 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Intrinsic Value Partners
The Intrinsic Value Partners office and employees reside in Phoenix, Arizona. According to the last 13-F report filed with the SEC, Daniel Flack serves as the Partner at Intrinsic Value Partners.
Recent trades
In the most recent 13F filing, Intrinsic Value Partners revealed that it had opened a new position in
Occidental Pete Corp and bought 19,075 shares worth $1.2 billion.
The investment fund also strengthened its position in Citigroup Inc by buying
1,647 additional shares.
This makes their stake in Citigroup Inc total 15,077 shares worth $957 million.
Citigroup Inc soared 38.3% in the past year.
On the other hand, there are companies that Intrinsic Value Partners is getting rid of from its portfolio.
Intrinsic Value Partners closed its position in Micron Technology on 25th July 2024.
It sold the previously owned 4,450 shares for $380 million.
Daniel Flack also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%.
This leaves the value of the investment at $14.4 billion and 35,442 shares.
One of the smallest hedge funds
The two most similar investment funds to Intrinsic Value Partners are Scion Asset Management and Pictet Bank & Trust Ltd. They manage $95.9 billion and $96.1 billion respectively.
Daniel Flack investment strategy
Intrinsic Value Partners’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 30.3% of
the total portfolio value.
The fund focuses on investments in the United States as
50.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
44% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $256 billion.
The complete list of Intrinsic Value Partners trades based on 13F SEC filings
These positions were updated on July 25th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Berkshire Hathaway Inc. |
5.17%
35,442
|
$14,417,806,000 | 15.03% |
| Alphabet Inc |
3.03%
55,633
|
$10,204,205,000 | 10.64% |
| St. Joe Co. |
4.15%
124,732
|
$6,822,840,000 | 7.11% |
| Alphabet Inc |
0.76%
27,995
|
$5,099,289,000 | 5.32% |
| Meta Platforms Inc |
12.48%
9,218
|
$4,647,900,000 | 4.85% |
| Taiwan Semiconductor Manuf Co |
1.77%
24,463
|
$4,251,914,000 | 4.43% |
| The Charles Schwab Corporation |
2.22%
55,478
|
$4,088,174,000 | 4.26% |
| Microsoft Corporation |
4.22%
9,005
|
$4,024,785,000 | 4.20% |
| American Express Co. |
4.77%
13,950
|
$3,230,123,000 | 3.37% |
| Moderna Inc |
1.77%
26,887
|
$3,192,831,000 | 3.33% |
| GE Aerospace |
13.35%
17,074
|
$2,714,254,000 | 2.83% |
| Jacobs Solutions Inc |
2.88%
17,229
|
$2,407,064,000 | 2.51% |
| Bank Of New York Co Inc |
3.53%
39,440
|
$2,362,062,000 | 2.46% |
| Jefferies Financial |
2.85%
31,538
|
$1,569,331,000 | 1.64% |
| Bankamerica Corp New |
1.54%
33,263
|
$1,322,870,000 | 1.38% |
| Intel Corp. |
7.53%
42,547
|
$1,317,681,000 | 1.37% |
| Occidental Pete Corp |
Opened
19,075
|
$1,202,297,000 | 1.25% |
| Asml Holding N V New York Shs |
22.83%
1,068
|
$1,092,276,000 | 1.14% |
| Pinterest Inc |
2.57%
24,004
|
$1,057,856,000 | 1.10% |
| Booking Holdings Inc |
10.80%
256
|
$1,014,144,000 | 1.06% |
| Ishares Tr Sp Smallcap |
Opened
9,490
|
$1,012,203,000 | 1.06% |
| Wells Fargo Co New |
3.13%
16,773
|
$996,148,000 | 1.04% |
| Citigroup Inc |
12.26%
15,077
|
$956,786,000 | 1.00% |
| Carmax Inc |
2.69%
13,015
|
$954,520,000 | 1.00% |
| Shopify Inc |
19.01%
13,909
|
$918,689,000 | 0.96% |
| Exxon Mobil Corp. |
No change
7,438
|
$856,263,000 | 0.89% |
| Intercontinental Exchange Inc |
0.80%
5,180
|
$709,090,000 | 0.74% |
| Markel Corp |
2.54%
422
|
$664,929,000 | 0.69% |
| Vanguard Total Stock Mkt |
0.08%
2,356
|
$630,254,000 | 0.66% |
| Boeing Co. |
0.82%
3,280
|
$596,993,000 | 0.62% |
| Sector Spdr Engy Select |
Opened
6,400
|
$583,360,000 | 0.61% |
| Goldman Sachs Group, Inc. |
55.60%
1,276
|
$577,160,000 | 0.60% |
| Alibaba Group Hldg Ltd Adr |
34.15%
7,568
|
$544,896,000 | 0.57% |
| Ubiquiti Inc |
1.35%
3,713
|
$540,836,000 | 0.56% |
| O Reilly Automotive Inc |
26.84%
488
|
$515,357,000 | 0.54% |
| Vanguard Small Cap Index Fd |
0.22%
2,285
|
$498,221,000 | 0.52% |
| Ge Vernova Inc |
Opened
2,831
|
$485,545,000 | 0.51% |
| Esab Corp |
1.33%
5,100
|
$481,593,000 | 0.50% |
| Rocket Companies, Inc. |
2.08%
35,145
|
$481,487,000 | 0.50% |
| Ge Healthcare Technologi |
0.69%
6,063
|
$472,429,000 | 0.49% |
| Amazon.com Inc. |
22.29%
2,441
|
$471,723,000 | 0.49% |
| J P Morgan Chase Co |
No change
2,257
|
$456,539,000 | 0.48% |
| Snowflake Inc. |
0.83%
3,343
|
$451,606,000 | 0.47% |
| Phillips 66 Com |
5.01%
3,167
|
$447,085,000 | 0.47% |
| NVIDIA Corp |
695.45%
3,500
|
$432,390,000 | 0.45% |
| Apple Computer Inc |
Opened
2,012
|
$423,767,000 | 0.44% |
| Micron Technology Inc. |
Closed
4,450
|
$379,763,000 | |
| Grainger W W Inc |
No change
416
|
$375,332,000 | 0.39% |
| FIGS, Inc. |
Opened
67,035
|
$357,297,000 | 0.37% |
| Analog Devices Inc. |
No change
1,552
|
$354,260,000 | 0.37% |
| Mastercard Incorporated |
4.32%
776
|
$342,340,000 | 0.36% |
| Merck Co Inc |
35.15%
2,749
|
$340,326,000 | 0.35% |
| Targa Resources Corp |
Opened
2,624
|
$337,919,000 | 0.35% |
| Ironwood Pharma Inc A |
8.13%
45,435
|
$296,236,000 | 0.31% |
| T J X Cos Inc |
30.76%
2,645
|
$291,215,000 | 0.30% |
| Conocophillips |
0.94%
2,428
|
$277,715,000 | 0.29% |
| U S Bancorp Del New |
6.07%
6,339
|
$251,658,000 | 0.26% |
| Enovis Corp |
1.53%
5,082
|
$229,706,000 | 0.24% |
| Fastenal Co. |
Closed
3,541
|
$229,351,000 | |
| Mohawk Industries, Inc. |
Opened
1,873
|
$212,754,000 | 0.22% |
| Peloton Interactive Inc |
50.42%
12,634
|
$42,703,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 61 holdings | |||
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